Under the agreement, PTC will have access to 185,000 square feet of space, including an existing biologics facility and supporting research and operations building.

PTC said it plans to further develop the biologics facility to support gene therapy production and foster innovation and employment in the community. In addition, PTC will move its research operations to a newly-renovated building on the same campus.

PTC said it is not moving its existing operational headquarters in South Plainfield, but plans to relocate and expand its global discovery and research operations to the campus in 2020.